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Froggy Jumps
Froggy Jumps

Market Mechanics Quiz

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Market Mechanics Quiz

Froggy Jumps

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About this activity

Test your understanding of supply, demand, and equilibrium.

Created by

Montex
Montex
Canada

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Market Mechanics Quiz
 

Froggy Jumps

Market Mechanics QuizOnline version

Test your understanding of supply, demand, and equilibrium.

by Montex
1

What happens at market equilibrium?

2

What causes a movement along the demand curve?

3

What shifts the supply curve to the right?

4

Which term describes a fall in price leading to higher quantity demanded?

5

What does a surplus indicate at a price above Pe?

6

What is the effect of a price rise on quantity supplied (ceteris paribus)?

7

Determinants of demand cause curves to do what when they rise?

8

What happens to equilibrium price if demand increases and supply stays constant?

9

What is the term for the total quantity suppliers are willing to offer at a price?

10

What shifts the supply curve due to government policies?

 
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